WorkFusion raises $15 million in Series B funding
WorkFusion is a software-as-a-service crowd computing platform that has raised $15 million in Series B funding led by Mohr Davidow Ventures with participation from previous investors Greycroft Partners, iNovia Capital, and RTP Ventures. MDV general partner Katherine Barr will be joining WorkFusion’s board of directors.
“We began with the mission to relieve the burden of monotonous, time-consuming work from human workers through artificial intelligence in order to unleash their capacity for creativity and innovation,” said Max Yankelevich, co-founder, chief architect and CEO of WorkFusion. “As we scaled the platform with customers, we realized how badly broken the enterprise knowledge work model was. Manufacturing was broken until Henry Ford introduced the assembly line. We’re doing the same thing for knowledge work, and we’ll do it better and faster with Katherine on our board and with Mohr Davidow as our partner.”
What does WorkFusion do? It transforms enterprise knowledge work by using machine learning to combine, manage, and quality-control automation. WorkFusion recently rebranded from CrowdComputing Systems to WorkFusion, which is the name of its platform product.